Stock Market & Financial Investment News

Deutsche Boerse, BoC to sign strategic partnership agreement, Reuters reportsAccording to two sources, Deutsche Boerse is set to sign a strategic partnership agreement with Bank of China, Reuters reports. The deal will make Bank of China a trade and clearing partner of Detusche Boerse, the sources add. Reference Link

Deutsche Boerse expects Clearstream legal decision soon, Reuters saysDeutsche Boerse expects a legal decision "any time soon" regarding its Clearstream subsidiary and has set aside $5.13M for legal provisions, reports Reuters, citing company statements at a Thursday media briefing. Jeffrey Tessler, head of Clearstream, stated the subsidiary "is only involved as a third-party custodian" and is not directly targeted in the legal battles regarding $1.7B in Iran central bank assets held by Clearstream. Reference Link